MSMEs key to State's plan to expand the tax base

George Mokua, Chairman Institute of Certified Public Accountants of Kenya.

Micro, Small and Medium Enterprises (MSMEs) are engines of growth.

Micro enterprises have less than 10 employees, small enterprises have 10-49 employees, while medium-sized enterprises have 50-49 employees with annual turnovers estimated at less than Sh10 million, Sh50 million and less than Sh100 million respectively.